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Earnings Call Summary | Smith Micro Software(SMSI.US) Q1 2024 Earnings Conference

Earnings Call Summary | Smith Micro Software(SMSI.US) Q1 2024 Earnings Conference

業績電話會議摘要 | Smith Micro Software (SMSI.US) 2024 年第一季度業績會議
富途資訊 ·  05/09 19:16  · 電話會議

The following is a summary of the Smith Micro Software, Inc. (SMSI) Q1 2024 Earnings Call Transcript:

以下是史密斯微軟件公司(SMSI)2024年第一季度業績電話會議記錄摘要:

Financial Performance:

財務業績:

  • Smith Micro reported a sharp decrease in Q1 2024 revenue, which totaled $5.8 million, marking a 47% reduction compared to the same period last year. The gross margin modestly dropped from 70% in Q1 2023 to 65.7% in Q1 2024, accruing $3.8 million in gross profit. The quarter culminated in a non-GAAP net loss of $4.2 million or $0.45 per share. The company's consolidated revenues are projected to fall between $5 million and $5.5 million in Q2.

  • 史密斯微報告稱,2024年第一季度收入急劇下降,總額爲580萬美元,與去年同期相比下降了47%。毛利率從2023年第一季度的70%略微下降到2024年第一季度的65.7%,累積了380萬美元的毛利。該季度的非公認會計准則淨虧損爲420萬美元,合每股虧損0.45美元。預計該公司的合併收入將在第二季度下降500萬至550萬美元之間。

Business Progress:

業務進展:

  • Smith Micro intends to reign in expenditures by up to $1.3 million by Q3 2024 to bolster profitability. Growth strategies center on new program launches like the Affiliate Influencer Program and Retail Store Ambassador Program. Significant progress was noted in forging strategic partnerships, with DISH as the first customer to launch SafePath Global and adopt the CommSuite platform. Additional growth prospects include a new family safety solution due for launch with a leading European carrier and potential renewal of partnerships with T-Mobile. New product offerings, SafePath Premium and SafePath OS, are also slated for introduction.

  • 史密斯微打算到2024年第三季度控制高達130萬美元的支出,以提高盈利能力。增長戰略以新計劃的啓動爲中心,例如聯盟網紅計劃和零售商店大使計劃。在建立戰略伙伴關係方面取得了重大進展,DISH是第一個推出SafePath Global並採用CommSuite平台的客戶。其他增長前景包括即將與一家領先的歐洲運營商推出的新家庭安全解決方案,以及可能與T-Mobile續訂合作伙伴關係。新產品,即SafePath Premium和SafePath OS,也計劃推出。

更多詳情: 史密斯微軟投資者

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

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譯文內容由第三人軟體翻譯。


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